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Veronika [31]
2 years ago
15

List five steps of the budget process

Business
1 answer:
tatuchka [14]2 years ago
4 0

Answer:

1)The President submits a budget request to Congress

2)The House and Senate pass budget resolutions

3)House and Senate Appropriations subcommittees "markup" appropriations bills

4)The House and Senate vote on appropriations bills and reconcile differences

5)The President signs each appropriations bill and the budget becomes law

Explanation:

I put the five federal budget process steps. Hope this helps :)

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Sinking fund bonds: A. Are bearer bonds. B. Are registered bonds. C. Require equal payments of both principal and interest over
monitta

Answer:

The answer is D.

Explanation:

Sinking funds require the issuer(borrower) to set aside assets at specified amounts to retire the bonds at maturity. Sinking fund helps the issuer to secure a bond with lower yield.

An agreed amount is deposited at an agreed period (e.g yearly) so as to pay of the par value or principal value at maturity.

6 0
3 years ago
When job 117 was completed, direct materials totaled $4,400; direct labor, $5,600; and factory overhead, $2,400. a total of 1,00
Viefleur [7K]
To solve: add up all in the labor costs and then divide by the number of units produced to get the per unit cost of the labor.

<span>Direct materials = $4,400
Direct labor = $5,600
Factory overhead = $2,400
Units produced = 1,000

Per unit cost = ($4,400 + $5,600 + $2,400)/1,000
Per unit cost = $12,400/1,000
Per unit cost = $12.40</span>
4 0
3 years ago
What should you do if you suspect your boss of unethical business practices?
Zina [86]

The other day, someone asked me about the last time my ethics had been tested at work and how I reacted.

I wasn’t sure how to respond. It’s a good question, and I wanted to answer it. Still, I hesitated to reveal too much about some of the less-than-honest bosses I’ve reported to in the last two decades.

These are bosses who lied, gossiped about their staff to other staff, broke confidences, fudged numbers to governmental agencies, botched payroll tax withholdings and covered it up, and willfully and recklessly turned a blind eye to leadership abuse — for starters.

8 0
3 years ago
Read 2 more answers
In the classic downward-sloping demand curve, as price increases, the demand for the product or service
vesna_86 [32]
The demand for a product or service would likely decrease as price increases as far as the classic downward-sloping demand curve is concerned. In addition, this specific type of demand curve characterises increase of consumer demand as the price significantly falls. 
5 0
3 years ago
Divine plc is a pure-honey producing plant. The firm wants to replace its aging processing machine. One option is to purchase a
AleksAgata [21]

Answer:

Project A

Years      Cashflows     Discount factor     Present values

0            250,000                    1                           -250,000

1-10            45,100                   6.144                     277,094.40

Sum of all present value=NPV=27,094.40

IRR (by using trial and error method) = 12.4696%

Note: Discount factor for the year 1-10 is calculated by using annuity formula i.e [1-(1+10%)]/10% = 6.144

Project B

Years Cashflows Discount factor  Present values

0        (350,000)           1                              (350,000)

1           72,500               0.91                   65,975  

2           65,500               0.83                    54,365  

3           73,800                  0.75                    55,350  

4            71,500                  0.68                    48,620  

5           69,800                  0.62                   43,276  

6           75,500             0.56                   42,280  

7           31,000                  0.51                            15,810  

8           47,500                  0.47                           22,325  

9           55,500                  0.42                   23,310  

10           29,200                  0.38                    11,096

Sum of all present values=NPV=32,407

IRR(by using trial and error method=12.4186%

On the basis of NPV project B is better because it gives higher NPV than project A. Whereas, Project A is better than project B on the basis of IRR because project A has slightly higher IRR than project B.

b)The conflict between both the investment appraisal technique is likely due to different cash flow patterns of both the project. In such situation decision should be based on NPV because this is an absolute measure

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3 years ago
Read 2 more answers
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